What taxes do I have to pay after immigrating to Italy?

Fashionable and full of European literary flavor, Italy has become one of the popular European immigrant countries in recent years because of its loose immigration policy. However, do you know what taxes you need to pay after immigrating to Italy? Come and get to know it with me.

individual income tax

After immigrating to Italy, the applicant is concerned about personal income tax. According to the Italian government's "choose residence" visa (national visa) for investment-oriented foreigners, applicants can invest in Italy, but they cannot find employment. If you don't work and have no income in Italy, there will be no personal income tax.

real estate tax

After immigrating to Italy, if the applicant wants to renew his visa and maintain his residence status in Italy, it is important to prove his property in Italy, his property tax payment certificate and no criminal record.

Although the Italian government recognizes the residential property purchased by the applicant anywhere in Italy, in view of the real estate market in Italy and the economic development level of the country, the property of over 300,000 euros is more likely to meet the living requirements of overseas investors with certain financial freedom (meeting the per capita area requirement), and it is more reasonable for the applicant to occupy 22 square meters per capita and have enough rooms.

In this case, the applicant should not only consider whether the purchased house meets the requirements of immigrating to Italy, but also consider the convenience of life after immigrating to Italy and the taxes that the property needs to pay.

Senior Italian immigration experts pointed out that the real estate taxes and fees involved in immigrating to Italy include both a one-time payment of the purchase price and a fixed annual payment after the purchase.

In 20 14, the Italian government cancelled the property tax of the first suite, and the second suite only needs to pay the transaction tax of 10%. In other words, you don't need to pay 0.5% real estate tax every year to buy the first house in Italy. If you calculate with a property worth 300,000 euros in Italy, you can save 1500 euros every year!

However, after the applicant immigrates to Italy, he still has to pay a certain service tax (TASI) every year. Based on the property worth 300,000 euros in Italy, the service tax price is about 350 euros/year.